Matador: The Social Investing App



NYC startup Matador has just raised $9M from the world’s top fin-tech VC’s, to disrupt the brokerage business. Matador allows your to find and follow your favorite investors, while offering commission-free trading & 2.5% annual interest. This episode was sponsored by Matador. Let me know what you think in the comments & make sure to follow me on Matador 🙂

USE MY MATADOR CODE FOR $30 FREE (only valid for a week)! https://share.matadorapp.com/hyperchange

LINK – Matador website: https://www.matadorapp.com/
LINK – Medium blog by Matador CEO Jannick Malling on the launch: https://medium.com/the-official-matador-blog/introducing-matador-a-new-way-grow-your-money-by-exploring-the-stock-market-with-your-friends-b98e44129111
LINK – Business Insider article on Matador (paywall): https://www.businessinsider.com/matador-announced-9-million-in-funding-co-led-by-greycroft-and-accel-2019-3

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Music by Marko: https://soundcloud.com/markothedon & Fritz Carlton: https://soundcloud.com/fritzcarlton

Disclaimer: This video is purely my opinion and should not be regarded as factual information. I am not a financial advisor. This is not a recommendation to buy or sell securities. Do not assume any facts and numbers in this video are accurate. Always do your own due diligence. As of 04/01/2019 HyperChange host (Galileo Russell) is invested in shares of Tesla (TSLA), Arcimoto (FUV) and long Maker & Bitcoin. Galileo was also compensated for this sponsored episode on Matador App.

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33 thoughts on “Matador: The Social Investing App”

  1. So are you just buying these stocks in a taxable individual account?

    Are you able to create a Roth IRA to contribute to and invest with on this app? I doubt it but that would be awesome.

    Lastly, how will they make money ?

  2. Can you trade options? if not they will struggle against robinhood and I wont bother with them. But maybe if you elaborate on them splitting the short borrowing cash that might be interesting as TESLA is a stock that is Hard to borrow right now, have you received any money from shorts borrowing your TESLA shares?

  3. I think it's worth highlighting a certain risk:
    1) The biggest ways a free-trade app can make money is being bought for influence.
    2) The biggest ways that investors make money (like Tesla shorters) is by influencing a swing and making a short-term trade.
    3) The younger generation is vulnerable to impulsive thinking – making them great stock movers.
    4) It is highly likely that companies, influencers and the app will collude directly or indirectly to move stock prices for a variety of agendas.
    With that in mind I think that limiting the ability of key investors to use the app and their reputation could protect the market from additional volatility. The worse thing that could happen as I see it is that someone figures out the pattern that influences this generation. They then apply that pattern to create market volatility. Volatility is the primary mechanism for moving money from amateurs to professional accounts and leads to less trust in the market. Apps like this provide an amplifying effect and the more ignorant the user-base the more vulnerable to manipulation.
    I mention this not to discourage the app or idea, but to emphasize a vulnerability with the goal of intentionally avoiding it. I also think that full disclosure about where all the money is made is an important ethical safeguard against abuse of trust. When you sign up: "We make 10% of our money this way, 20% this way, 50% this way and make this amount of money."

  4. This looks very encouraging. I think an important thing in the world right now is engaging young people especially in investing and in particular investing in what they want the future to be. They can play a big role and send a message to the companies profiting from the status quo because of everyone’s indifference letting them off the hook.

  5. I tried to sign-up. A couple significant issues.
    1) I have PC's and Android devices. Unfortunately, the app is only available on IOS.
    2) You can't sign-up online or use a browser interface to interact with your account.
    3) I do a lot of my research online using spreadsheets to track my findings. Using a small screen phone isn't conducive to doing so.
    I want to try out the service, but I don't think I'll be able to try out the service before your promotion code expires.

  6. Thanks, Gali! I did not even know about the app before this, and now I'm sold – because it's coming from you. Matador guys – you got the right guy to market with! Although, unfortunately, I won't be able to sign up as I'm 'Android-only' and the app won't be available at least till your code expires, Gali.

  7. I am 200% invested in Tesla. As a matter of fact, I bought more Tesla shares premarket.. It is dirt cheap. I am highly confidently it will be 350 in the next few weeks..easy 50% gain

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